Expert Tax, Accounting, Business Setup solutions for your business

FTA Certified Tax Agency

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FEDERAL TAX AUTHORITY about-finbiz

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About Us

We are a leading company specialising in tax advisory, accounting, bookkeeping, excise tax, business setup, transfer pricing, Pillar Two compliance, and anti-money laundering services. Established in Dubai by an Indian tax expert who is a Certified Public Accountant (CPA) and a FTA Agent, the firm benefits from 17 years of extensive international tax experience gained at “Big 4” firms and major multinational organisations across Europe, Asia, the Middle East, and the USA.

100

Happy Clients

17

Years In Taxation

12

Countries

Our Services


  • Corporate Tax
  • Value Added Tax
  • Excise Tax
  • Business Set Up
  • Transfer Pricing
  • Tax Audit Support
  • Tax Agent Services: Representation with Tax Authorities
  • Tax Residency Certification & Application
  • Free Zone Substance and Compliance for Zero-Rating Eligibility


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What our clients say


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Working with Tax Man in Middle East: Tax, Accounting, and Management Consultancy Services LLC has been a game changer for our business Their expertise in VAT and Corporate Tax helped us streamline our operations, saving both time and money. Highly recommended for anyone looking for professional tax and accounting services in Dubai

The team at Tax Man in Middle East: Tax, Accounting, and Management Consultancy Services LLC has been invaluable to our company. Their guidance on international taxation and tax residency has made navigating the complexities of doing business in the UAE much easier. We trust them for all our accounting needs!

Tax Man in Middle East: Tax, Accounting, and Management Consultancy Services LLCs CFO services have helped us manage our finances efficiently and stay compliant with all regulations. Their reliable accounting solutions have been crucial in driving our business forward. It’s a pleasure to work with such professionals!

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Frequently Asked Questions

Absolutely Yes, Dubai has got a Value added tax of 5% on all goods and services at each step of the supply chain. Excise Tax 100% on Tobacco, electronic smoking devices, energy drinks, 50% on carbonated and sweetened drinks. Corporate Income Tax – 9% on the taxable income above AED 375,000 per year.

A Qualifying Free Zone Person that fails to meet any of the conditions to be a Qualifying Free Zone Person will cease to be a Qualifying Free Zone Person from the beginning of the Tax Period for which it elects to be subject to the standard Corporate Tax rules and rates or in which it fails to meet the conditions to be a Qualifying Free Zone Person, and the four subsequent Tax Periods.

No Personal Income Tax: The UAE does not levy personal income tax, which significantly reduces the risk of double taxation for individual residents. The UAE has signed over 137 double tax treaties with various countries. These treaties help: Avoid taxing income in both the source country and the UAE. Mitigate taxes on dividends, royalties, capital gains, and other forms of income.

A natural person will be considered a UAE Tax Resident if the individual:
has their usual or primary place of residence and their centre of financial and personal interests in the UAE; was physically present in the UAE for a period of 183 days or more during a consecutive 12-month period;
was physically present in the UAE for a period of 90 days or more in a consecutive 12-month period and the individual is a UAE national, holds a valid residence permit in the UAE or holds the nationality of any GCC Member State, where:
(i) he or she has a permanent place of residence in the UAE; or
(ii) he or she carries on employment or a business in the UAE.

The taxable income for a Tax Period is the accounting net profit (or loss) of the business, after making adjustments for certain items as defined in the Corporate Tax Law.

In principle, all legitimate business expenses incurred to derive taxable income will be deductible, although the timing of the deduction may vary for different types of expenses and the accounting method applied. For capital assets, expenditure would generally be recognised by way of depreciation or amortisation deductions over the economic life of the asset or benefit.
Expenditure that has a dual purpose, such as expenses incurred for both personal and business purposes, will need to be apportioned with the relevant portion of the expenditure treated as incurred wholly and exclusively for the purpose of the taxable person’s business.

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